City of Iqaluit

Iqaluit, Inuktitut for "place of many fish," is located near the mouth of the Sylvia Grinnell River that empties into the bay named after Martin Frobisher, the Englishman in search of the Northwest Passage. Besides thinking he had discovered the Passage, Frobisher believed that he had discovered gold on an island in the bay, but it was only fool's gold that he took home to England. Between 1955 and 1987 the settlement of Iqaluit was known as Frobisher's Bay.